The roots of the company date back to early Independence days of the nation. The business was
founded in 1962 by Late Madhavdas S. Khurana, a freedom fighter and a dynamic entrepreneur.

The flagship company, MSK Projects India Limited, pioneered the BOT (Build Operate Transfer)
concept in India. From building roads and bridges to bus terminals and water supply plants to
hydrocarbon and fertilizer plants to railway projects, the company established its presence in 10
states. It became a Public Listed company in 2004 and a 300 crore company by 2010 when Mr.
Ashok Khurana and family divested their promoter shareholding.

Thereafter, in 2010, Mr. Ashok Khurana with his son Mr. Amit Khurana went on to build Madhav
Corp. They bring with them a unique set of inherent assets: Industry class technical skills,
domain experience that is both broad and deep, a willingness to innovate and an in-depth
commitment to customer satisfaction.

In a short span of 5 years, the company has forayed into projects in various sectors namely Solar
PV and Small Hydro apart from their core competency in Roads & Highways, Oil & Gas EPC, Real
Estate Development and other EPC projects.